10 Orion Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 1,588 sqft home built in 2021 on a 3,901 sqft lot in the West Kildonan Industrial area of Winnipeg. The property stands out most for its age. Citywide, it ranks in the top 2% for recency of construction—a genuinely rare find in a market where the average home in the city was built in 1966. That alone signals modern construction standards, better energy efficiency, and less immediate maintenance than most competing properties.
Its assessed value of $484,000 sits slightly below the street average of $522,200 but above the neighbourhood average of $442,900. Citywide, it lands in the top 22% for value. The living area is roughly average for the neighbourhood but above average for the city, meaning you're getting a reasonably sized modern home without paying a premium for square footage you won't use.
The lot, however, is smaller than typical—below average on the street, around neighbourhood average, and well below citywide norms. For someone who values outdoor space or gardening, this could be a limitation. But for a buyer who prioritizes a newer, lower-maintenance home in a city where most housing stock is decades older, the trade-off is often worth it.
This property would suit a buyer who wants a relatively new home without the wait or uncertainty of new construction—someone who appreciates that a 2021 build typically comes with up-to-date mechanicals, insulation, and layout preferences. It's also practical for someone who doesn't need a large yard and prefers less outdoor upkeep, or who wants to be in a neighbourhood where the general housing stock is newer than the city average.
Five Possible FAQs
1. How does the living area compare to other homes in the neighbourhood?
The 1,588 sqft living area is around average for West Kildonan Industrial, which comes in at 1,591 sqft. Citywide, it's above the average of 1,342 sqft. So you're getting a typical neighbourhood-sized home, but larger than what's common across Winnipeg.
2. What does the assessed value tell me about the home's market position?
The assessment of $484,000 is above the neighbourhood average ($442,900) and well above the city average ($390,100). It's slightly below the street average on Orion Crescent ($522,200), which suggests the street has a mix of higher and lower-valued homes. The ranking (top 22% citywide) indicates it's in the upper-middle range for Winnipeg overall.
3. Is the 3,901 sqft lot a disadvantage?
It depends on your priorities. The lot is smaller than most on Orion Crescent and much smaller than typical Winnipeg lots (citywide average is 6,570 sqft). If you want space for large gardens, a workshop, or room for kids to run, you'd likely want more land. If you prefer less yard work and a more compact footprint, it's a practical, low-maintenance choice.
4. Why does the build year matter so much?
Homes built in 2021 are only a few years old, which is rare in Winnipeg. Citywide, the average comparable home was built in 1966. This translates to modern insulation, updated wiring and plumbing, current building codes, and typically lower utility costs. It also means fewer surprise repairs in the near term—a genuine advantage over much of the existing housing stock.
5. How does this property compare to others on Orion Crescent?
On the street, this home ranks near the bottom for lot size (80th percentile, meaning 80% of lots are larger). Living area is below the street average (1,812 sqft), and assessed value is below the street average as well. However, it ranks well for year built (top 18% on the street). In short: it's a newer, smaller-lot home on a street where many homes are larger, older, and sit on bigger properties—making it a distinct option for someone who values recency over land.